Latest Stocks: Analysts Offer Predictions for Aritzia Inc’s FY2018 Earnings (ATZ)

Latest Stocks: Analysts Offer Predictions for Aritzia Inc’s FY2018 Earnings (ATZ)

A number of other research analysts have also commented on the stock. CIBC decreased their price target on shares of Aritzia from C$26.00 to C$22.00 in a research note on Thursday, May 11th. Royal Bank of Canada upped their price target on shares of Aritzia from C$22.00 to C$23.00 and gave the company an “outperform” rating in a research note on Thursday, May 11th. TD Securities reiterated a “buy” rating and issued a C$23.00 price target on shares of Aritzia in a research note on Thursday, May 4th. Finally, Scotiabank reiterated an “outperform” rating and issued a C$23.00 price target on shares of Aritzia in a research note on Friday, April 28th. Eight analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of C$22.83.

Aritzia Inc (TSE:ATZ) – Equities researchers at William Blair issued their FY2018 EPS estimates for shares of Aritzia in a research note issued to investors on Wednesday. William Blair analyst D. Carden forecasts that the company will earn $0.54 per share for the year. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for Aritzia’s Q4 2018 earnings at $0.13 EPS and FY2019 earnings at $0.72 EPS.

Aritzia (TSE:ATZ) traded down 3.75% during midday trading on Monday, reaching $15.13. The company had a trading volume of 136,964 shares. The stock’s 50 day moving average price is $15.09 and its 200-day moving average price is $16.32. The firm’s market capitalization is $1.63 billion. Aritzia has a one year low of $13.89 and a one year high of $19.40. About Aritzia

Aritzia Inc is a Canada-based design house and fashion retailer of exclusive brands. The Company conceives, creates, develops and sells a mix of women’s fashion products directly to its customers. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner.

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